Indian Industrial Production (YoY) came on 09 Aug 2012
Actual -1.8%
Forecast 1.0%
Previous 2.4%
Note :- Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
Analysis :- While forecast was @ 1.0% but data came in negative @ -1.8% and lost its all positiveness in comparison to previous data which was @ 2.4% which is negative for the economy and market.
Actual -1.8%
Forecast 1.0%
Previous 2.4%
Note :- Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
Analysis :- While forecast was @ 1.0% but data came in negative @ -1.8% and lost its all positiveness in comparison to previous data which was @ 2.4% which is negative for the economy and market.
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